Issuing Virtual Cards
Stop relying on employees using personal cards and filing reimbursements. Outlay allows Admins to generate instant, pre-funded virtual corporate cards for team members.
How it works
Outlay partners with RBI-regulated banking partners to issue PPI (Prepaid Payment Instrument) virtual cards. These cards function exactly like a standard Visa or Mastercard.
Fund your Workspace
Transfer funds from your primary corporate bank account to your Outlay Wallet via NEFT, RTGS, or UPI. These funds are pooled and ready to be distributed.
Generate a Card
Go to Cards > Issue New Card. Select the employee who will own the card. You can create a Single-Use card (destroys itself after one transaction) or a Recurring card.
Employee Activation
The employee receives a notification. They can view the 16-digit card number, CVV, and Expiry directly in their Outlay dashboard to use for SaaS subscriptions or online travel bookings.
Automated Reconciliation
When an employee makes a transaction on an Outlay card, we instantly create an "Incomplete Expense" in their dashboard, prompting them to upload the receipt. The transaction amount and date are already locked in from the banking API.